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Search Results 0 to 24 of about 25 (some duplicates have been removed)
to address the driver of our debt and deficit. we have to don't reduce our deficits which we've cut in half over the last four years. if we don't, interest intense is a very real threat for crowding out both public and private investment in education r&d and infrastructure. over the last three years we've made real strides in reducing our deficit. we saved more than $12.5 billion. that's been unbalanced. about 70% has been from spending cut. 30% from revenue. we need to do more but we have do it, i believe, in a balanced way. we've heard from senators about the need to modernize the tax code and move toward real tax reform. while the committee can't get it done. we can move in that direction in a substantial way. making a modest cut of only 5% of the trillion dollars a year we spend through the tax code would make huge dent in the deficit. lastly, we have to don't make some reduction in direct spending. although i know that's the area taken the hardest hit. i'll insist on doing in a way that put a circle of production around around the most vulnerable and honoring our promises to seniors, v
and millions of jobs as our trade deficit continues to get worse. this is particularly disturbing, this proposal for a new trade deal, because if you look at the results of the first obama administration trade deal, the korean deal, you'll see the proof is in the pudding that things didn't get better, they actually got worse. we were told with the korean free trade deal, that america would create 70,000 jobs here at home. guess what? the fact is in reality with the korean free trade deal, america's lost another 40,000 jobs as a result of that agreement alone. that's about 4,000 jobs lost each month with -- because of the korean free trade deal. we were promised with the korean deal that our economy would grow through increased exports by $10 billion to $11 billion. well, guess what? in reality u.s. exports to korea have actually declined by roughly 800 million since the agreement took effect. yes, that's a 20% decline. that translates into lost jobs and lost income. america was told if we signed the korean trade agreement that actually our trade deficit would shrink. well, guess w
financial stability. our nation has a serious financial problem. our deficit is growing. our spending is increasing, and it seems in nearly every budget battle our military is thrown in as a bargaining chip. this is not the american way, and it must become the thing of the past. other government agencies have bloated budgets with wasteful overlapping programs, fraudulent spending and blatant abuses of taxpayer dollars. all the while our military budget is being stripped to the bear bones. last -- bare bones. last time i checked, mr. speaker, is we are a nation at war. we must not gut essential programs for our warriors and their families. we must have them operate under regular order, passed in conference appropriations bills so our military can be the most prepared in the world. texas 25th district is home to for the hood, one of the largest -- fort hood, one of the largest military installations in the world. they can sustain more than 50,000 soldiers approximate approximate and their families. -- soldiers and their families. i ask to put an end to the financial uncertainty in the m
that surplus countries contribute more to demand as deficit countries undergo adjustment. europe must also press forward on measures to address high unemployment and the formation of a strong banking union. after years of economic weakness and depolice station, japan appears to be turning an economic corner. economic growth has improved and policymakers have demonstrated a commitment to economic transition. this will require a careful balancing of fiscal policy and reforms that increase domestic demand. economic growth across many emerging market economies remains positive but has slowed somewhat. the slowdown is primarily because post-crisis stimulus has waned. the demand for exports has fallen. credit conditions have tightened. while these head winds will put pressure on some emerging economies going forward, most emerging markets have strengthened their institutions and frameworks over the past decade and this will help increase their ability to adjust to the shifts in capital flows. in china, the world's second largest economy, policymakers have also made substantial commitments to ref
too much. about two-thirds said raising taxes to cut the deficit was a nonstarter. and compared to obamacare, which more voters actually said they wanted to repeal, these levels of support are striking. so if our friends on the other side want to keep trying to claim an electoral mandate for maintaining obamacare contradicted by the facts as that phaoeurbgs while using their own logic we had to call the mandate for reducing the size of government a super mandate. that's why their new plan to undo the cuts the president campaigned on and increase the debt is so outrageous. we hear that the senior senator from new york will soon announce a proposal to give the permanent -- give the president permanent power to borrow more. in other words, he wants to extend the debt ceiling permanently by going around congress. let me repeat that. the so-called schumer-obama plan is a plan to permanently hand the president a credit card without spending limits and without lifting a finger to address the national debt. truly outrageous, especially when you consider that our debt is now $17 trillion
create jobs, reduce our bunt deficit, including -- budget deficit, including a pathway to citizenship, unite families, it would help reflect values as americans in our immigration laws, grow the economy, create jobs for americans here at home. and finally get real about enforcing our immigration laws. do you realize, mr. speaker, there are over 10 million people in this country illegally? when are we going to get serious about enforcing our laws and not making a mockery of them? this nation is a nation based on the rule of law. h.r. 15 reflects that commitment as does the senate immigration bill. it's time that we fix our broken immigration system rather than go home on a wednesday and meet for 19 days in a 63-day period. this is a bipartisan bill. h.r. 15. we have been joined by several republicans representative denham, representative ros-lehtinen. we encourage my colleagues, i certainly invite my friend and colleague from texas to join us as a co-sponsor of this bill that will allow us to create enforcement, a pathway to citizenship, grow jobs, and finally resolve our broken immigr
is the debt clock. here it comes. there it goes. do you see the numbers? the deficit fell to $680 billion, the first time in five years it went under a trillion. how do you balance awful that debt, that big number with the deficit going down? they say the deficit will go up. how do they finally solve this? >> well, republicans and some democrats also say that entitlements are going to have to be dealt with in some capacity because of the baby boom generation. the debt clock could get higher in years to come. one way or another medicare and social security at some point will have to be dealt with. the interesting thing here, eric is in the first term on the debt fights, president obama was really leading the charge. this time around it is harry reid and nancy pelosi and less so president obama. they both said, listen, we are not going to be dealing on social security, at least not at this stage. they are insisting on new tax revenues. that's the rub. i don't think there will beal re soon. there will be another showdown that goes down to the wire. >> you talk about entitlements. some peopl
differences. it's not only a farm bill, it's a trade bill, it's a hunger bill, a conservation bill, deficit reduction bill, it's also a job creation bill. we passed a bipartisan bill twice in the senate. we had the republicans and democrats. we each had to give some but we did it. we assured a farm bill that supports nation farmers, rural communities, alleviates hunger, reforms commodity programs, ends trade destroying policy, creates jobs and saves taxpayers $24 billion. not bad. on dairy, farmers across the country support a margin insurance program. one that has to work in tandem with the market stabilization program. i hear this from the kitchen tables to the high school gymnasiums in the farm areas, agriculture areas in my state. we've done that in the senate bill. farmers remember the dairy crisis of 2009. they know the insurance program alone is not enough. if we don't have stabilization, we're going to cost taxpayers hundreds of millions of additional dollars, virtually guarantee another dairy crisis, will put people out of business. so there's a number of other things, which i'll p
, it's a trade bill, a hunger bill, a conservation bill, a reform bill, innovation bill, deficit reduction bill. it's also a job creation bill. we passed a bipartisan bill twice in the senate. we had -- republicans and democrats, we each had to give some, and we did it. it reforms commodity programs, ends trade distorting policy, creates jobs and saves taxpayers $24 billion. not bad. and on dairy, farmers across the country support an insurance program, but one that has to work in tandem with the mark stabilization program. i hear this from the kitchen tables to the high school gymnasiums in my -- in the farm areas, agriculture areas of my state. we've done that in the senate bill. farmers remember the dairy crisis of 2009. they know an insurance program alone is not enough. if we don't have stabilization, we're going to cost taxpayers hundreds of millions of additional dollars and virtually guarantee another dairy price and put people out of business. so there's a number of other things which i will put in the record. we have to have strong nutrition programs. i think of people
of women, it is projected that comprehensive immigration reform will reduce the deficit by $1 trillion over 10 years. i know that my neighbors care about women's rights and care about keeping families together. that's why we need to pass comprehensive immigration reform now. i yield back. the speaker pro tempore: the gentlelady yields back the balance of her time. for what purpose does the gentlewoman from florida rise? ms. ros-lehtinen: i ask unanimous consent to address the house for one minute and revise and extend my remarks. the speaker pro tempore: without objection, the gentlewoman is recognized for one minute. ms. ros-lehtinen: thank you, madam speaker. i'm pleased to commemorate the 10-year anniversary of the congressional hispanic leadership institute known as chili. through his vision and leadership, former congressman lincoln diaz-balart, has guided chli while preparing young hispanics to become the leaders of tomorrow. chli's programs and initiatives focus on a wide variety of issues, from public service to commerce and technology. this month i spoke at chli's trade, an interna
of the aspects of the law because, in part, it added hundreds of billions to the deficit and was president paid for unlike the affordable care act, which will actually help lower the deficit. [cheers and applause] >> but you know what? once it was the law everybody pitched in to try to make it work. democrats weren't about to punish millions of seniors to make a point or settle a score. democrats worked with republicans to make it work. and i'm proud of democrats having done that. it was the right thing to do. , about 90% of seniors like what they have. they've gotten a better deal. both parties working together to get the job done. that's what we need in washington right now. that's what we need in washington right now. [cheers and applause] >> you know, republicans in congress were as eager to help americans get covered, some republican governors have shown themselves to be, -- i'm not asking them to agree on everything, but if they worked with us like mitt romney did working with democrats in massachusetts or like ted kennedy often did with republicans did in congress including on the prescr
for her cant december as apoiopposed to sena mike enzi, and also deficits. he's been critical of the obama administration when it comes to deficits and the national debt. but i pointed out that deficits and the national debt went up when bush and cheney were in office, and a lot people say the national debt is the size it is today because of many items from the bush/cheney years such as the bush/cheney tax cuts, the medicare prescription drug benefit and iraq and afghanistan. those wars not being quote/unquote paid for. i did ask him about that as well. >> we'll look for the interview, jake tapper thank you very much. the interview with former vice president at the top of the hour on "the lead." coming up next here, a major announcement from penn state university today. the school has agreed to sett settlements with vict26 victims the former assistant football coach, jerry sandusky. how much the school will be paying. >> plus, dangerous pirates, crews on secret tankers, and britney spears? you heard me right. you will not believe how all three are indeed connected. so you can feel free to
bipartisan transportation legislation. they went into this fall with a deficit, and then occurred the shutdown. and the shutdown has really turned off virginia voters. they see that as a dysfunctional congress, they see it as an example of that extremism. they don't like it. many of us were affected by it, because virginia is very much tied to the federal government in terms of investment defense spending and technology investment. and i think the republicans are going to pay a very heavy price for that next tuesday. >> you know, we have -- you talk about sort of the gender gap there. you have the latest poll, "washington post"/abc news has mcauliffe winning by 24 points among women. i think back to four years ago, mcauliffe, his national reputation, he was a bungler. sort of a d.c. big pun guy. he ran four years ago in virginia, got trounced in the democratic primary. you know, i hear there's a writer for "new york" magazine who said at the start of this campaign this year that terry mcauliffe is the democrat that democrats have been dreaming of voting against. i just look at thi
since then? i wouldn't blame cuchinelli's deficit in the polls entirely on governor mcdonnell. but if you look about the time that mcdonnell's legal problems, ethical problems came to a head, that's when the momentum shifted in this race. before last spring, early summer, you know, cuchinelli was ahead in some polls, mcauliffe was ahead in some polls. it was a bit of a mix. since mid july, we now have 35 cob second tif polls showing mcauliffe ahead. some by one or two, some by 10, 11, 12. but 35 in a row, something happened. i think part of it was governor mcdonald, i think part of it is that cuchinelli is perceived to be more to the right than mcauliffe is to the left. i think you have a lot of voters who don't like terry mcauliffe but did like cuchinelli more. >> nationwide on xm channel 120. we welcome your listenership as well. in the baltimore-washington area. wcstfm 91 on the dial. too much for virginia voters in his assessment, charlie cook, is that the election was decided on may 18. that's the day that commonwealth republican voters had a chance to decide betwe
in the prison system. there are people who have deficits and are in the system so they can be made better and ultimately released and become productive citizens. that's why we need to focus on reentry. we need to have sentences that are, i think, consistent with the conduct the particular defendant is convicted of. i think there has been a tendency in the past two mete out sentences that are frankly excessive. at this point, given the resource constraints we have, i look to the justice department and the amount of money federal prisons consume. we have to rethink our priorities. we never want to put states at risk without showing you can come up with substantial reform and keep the american people safe and do things in a way that is different. i would hope congress would look at the experience of states and and makehe proposals those 21st century changes that i think we need. >> attorney general eric holder joined by other justice department officials in decision onheir johnson & johnson. back to the senate hearing on the cost of higher education. maryland, newof hampshire and north caro
deficits and debts. that's a difficult perspective. we need to recognize these spending issues are important. we need to be on a balanced budget. we need to be focused on what's going to give a sound, fiscal opportunity for this country. >> but you have to look at issues as well. you cannot ignore the problems being imposed on families on a daily basis with the cuts to the food stamp program. look at your state alone in north carolina. 1.7 million americans rely on these s.n.a.p. benefits. economists estimate every food stamp dollar turns around and brings in $1.70 in terms of impacting the local economy, which means a total economic loss to your state of about $280 million in the coming year, money that's no longer going out to farmers or grocers or others. what's your reaction to that? >> if it was that good, we would have a robust economy. as it is right now, our economic growth is about 1.8%. unemployment is about 7.5%. we have about 170,000 new jobs per month. that is very slow growth. you know, back in the '80s when reagan cut the tax obligation, cut the regulation, we di
't understand why they're intervening when it comes to required reading. >> give a $100 million deficit in philadelphia, they are intervening because they do this all the time. they don't want to fix the basic problem. they get distracted. they are pretty radical and that is why they went into this book. >> radical. howard zinn's writings included ideas of socialism. you were wise enough to question one of the council women on this, genie blackwell. you asked her when you interviewed her, he's an apologist for fidel castro. why should this be required reading? what did she have to say? >> she said essentially in the interview what's wrong with castro? he must be doing something right. otherwise he wouldn't stay in power this long. she also said people's parents like marco rubio's who fled, he said let's be for equality, white, black and brown and these people didn't want equality. that is why they went to the united states. >> i want to throw out a couple of quotes we have on him. he said, quote, how can you have a war on terrorism when war itself is terrorism? talking about civil disob
. whatever you consider his management style, we're more concern about the budget deficit, passing the budget, passing the debt ceiling issue and getting government back to work again and getting health care straight. so i know that this is,in', another condrived issue by the only on people whose approval rating is lower than the president, toous congress. >> but he has said he was unaware. this is a conservative's dream, though. if you don't agree with obama, you want him playing golf, don't you? >> this has been the narrative of the white house is that he's been the bystander. he didn't know the website wasn't ready. he didn't know we were spying on angela merkel. this is what's coming out of the white house. and i have to disagree, respectfully, with the reverend. this has been a consistent critique from the left and the white. during the syria crisis three months ago, it was maureen dowd, it was dana millbank from the washington post who called the president a bystander. so this is nothing new. it's been fairly consistent and it has emerged because of his consistent governing style of cre
to health insurance because they will not be discriminated against. they said it would explode the deficit. all the reputable organizations, like the congressional budget office, have told us that it will save us $100 billion over 10 years. we have had a litany of objections from the republicans about the affordable care act, which have driven them to such a frenzy that they even close to the government. now we have you before the committee and you are being asked about the website. let me pursue this question about individuals who have gotten notices that they will have their individual insurance policies canceled. they will be able to get another plan what they? >> continuous coverage as part of the law. it is the law. that was not the case in the past. >> we will end the worst abuses of the insurance industry. we will create consumer protections in the marketplace that they will be able to buy a policy even if they have been sick in the past. women will not be charged more than men. insurance companies will not be able to deny coverage based on pre-existing conditions. they will not be
Search Results 0 to 24 of about 25 (some duplicates have been removed)